Sec. 8101.255. TRUST INDENTURE. The trust indenture may contain provisions prescribed by the board that:
(1) provide for the security of the bonds and the operation and preservation of the trust estate;
(2) provide for amendment or modification of the trust indenture;
(3) provide for the issuance of bonds to replace lost or mutilated bonds; and
(4) condition the right to spend authority money or sell authority property on the approval of a licensed engineer selected as provided by the trust indenture.
Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.
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